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Gold/Mining/Energy : UFAB - oil drilling deck fabrication

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To: soozathelooza who wrote (8)9/20/1997 3:03:00 PM
From: Michael Berkel   of 337
 
Paul, you mentioned GIFI when you opened this thread. Did you study this company before you bought UFAB? GIFI is trading at 23.67x earnings and UFAB at about 30x earnings. (Based on 1997 figures) Do you personally believe there is a lot of room for further expansion? You obviously do otherwise you weren't long the stock. Do you mind giving us some insight in how you see the stock going from here, after the horrendous run from 18-32 on Friday, specially in the light of other more or less similar stock performances?

Thankx

Michael
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